Los Jardines Group

Isabel Susana is 37 years old. She is divorced and has five children. She is a member of Los Jardines group (the name means 'the gardens'), which has five other members. No two members work in the same trade, but they all share a strong will to get ahead in life through their hard work. Isabel has been selling ceviche (raw fish prepared the traditional way) for about eight years. Her stall is located near a secondary school, so the students make up most of her customer base. Thanks to her business, she was able to provide for her children, particularly for her youngest son, who is only three years old. Isabel will use the loan to buy the ingredients needed to make ceviche.

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.